Property description
For sale by public auction. Tuesday 28th April 2015, 7pm. Wells Golf Club, Wells. Auction Guide Price £350,000 to £400,000*. A village development site with consent for six dwellings.
A village developement site ocupying a space of just over 1/3 of an acre located in the centre of the village.
Planning consent was granted originally on the 23rd March 2009 (Planning Reference: 100210/006) and then renewed on the 14th January 2013 (Planning Reference: 2012/0734. The consent allows for six dwellings to be erected with access coming directly from Wells Road to the south of the site.
The proposed properties will comprise a detached three bedroom house with a detached garage and driveway, a pair of two/three bedroom semi-detached houses with allocated parking, A pair of two bedroom terraced properties with an attached one bedroom bungalow each with allocated parking.
* Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: the seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Property Features :
- Auction - 31st March
- Residential development site
- Village location
- One 3 bed detached house
- Two 2/3 bed terraced houses